FAQs
Details
Question
What constitutes True Tax Value?
Answer
True Tax Value is the sum of the land value and the depreciated value of improvements.
Details
Land is valued at its estimated market value based upon the sales of comparable properties in the immediate area. Improvements are anything that has been constructed on the land; including houses, barns, garages, swimming pools, decks, patios, utility sheds, tennis courts, gazebos, carports, etc.